HOUSTON, May 23, 2018 (GLOBE NEWSWIRE) — Rose & Associates, LLP and 3GiG announce the release of Appra, a flexible software that provides E&P companies with a robust, secure infrastructure to manage their portfolio of exploration and appraisal plays, prospects, and projects from concept through development.
Appra implements rigorous version control of risk and resource assessments as opportunities mature. Appra aligns to a company’s decision-making process, providing visibility into the status and progression of their opportunities. With this system companies can benchmark and report on the length of time an opportunity has spent in a given stage, providing leadership teams the ability to intervene when necessary. Appra enables active management of the portfolio to meet the company’s goals. In addition, the software provides out-of-the-box integration with Rose & Associates’ suite of E&P risk analysis software tools.
“Appra is built to adapt to a company’s enterprise decision framework,” said Peter Carragher, Managing Partner, Rose & Associates. “Exploration and risk managers are able to deploy company-wide processes to best manage their portfolio.”
“Many companies manage their opportunity inventories in Excel but have difficulty keeping track of the constant changes and various versions of their data floating around the organization. Appra ensures decision makers, planners, managers and team members have secure access to the most up-to-date information. Their data is easily imported, visualized, updated and tracked,” said Kandy Lukats, CEO, 3GiG. Read More.